Union Springs, Cayuga County, New York Property Taxes

Name: Property Tax Bills Across Union Springs, Cayuga County, New York
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median UNION SPRINGS, NY effective property tax rate: 2.40%, significantly higher than the national median of 1.02%, but slightly higher than the New York state median of 2.39%.
Median UNION SPRINGS, NY home value: $147,273
Median annual UNION SPRINGS, NY tax bill: $3,371, $971 higher than the national median property tax bill of $2,400.

How are property taxes in Cayuga calculated?

Property taxes in UNION SPRINGS, NY are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding UNION SPRINGS’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in UNION SPRINGS, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Union Springs, Cayuga County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.4%

Estimate Property Tax Bill

$3,535

$3,280

Ownwell’s Union Springs Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Union Springs with just two data points. By entering your property's estimated assessed value, our calculator applies Union Springs’ median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.

This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Cayuga County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Union Springs, Cayuga County, New York

Local government entities set tax rates, which can vary widely within a state. This variability is because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws are involved in setting tax rates and budgets, this is the annual process in a nutshell. In Union Springs, located in Cayuga County, New York, property tax rates reflect the local government's budgetary needs and the total assessed value of properties. Union Springs has an effective property tax rate that matches the highest and lowest median tax rates in the state, standing at 2.40%. This rate is significantly higher than the national median property tax rate of 1.02%, highlighting a substantial difference in local tax burdens. Residents in Union Springs face a property tax bill that is likely well above the national median of $2,400. This comparison underscores the importance of understanding local tax rates and how they impact property owners.

Property Tax Rates Across Union Springs, Cayuga County, New York

Source: Ownwell

1.53%

2.22%

2.91%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Union Springs Tax Rate

2.40%

Median Effective Cayuga County Tax Rate

2.43%

Median Effective New York Tax Rate

2.39%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Union Springs, Cayuga County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
13160	1.94%	2.15%	2.40%	2.40%	2.50%

Source: Ownwell

Property Tax Assessment Values Across Union Springs, Cayuga County, New York

When examining property taxes in Union Springs, NY, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Cayuga County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill. In Cayuga County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Union Springs. For example, the median home price in Union Springs is $147,273, with tax bills ranging significantly across the county. Zip code 13160 has the highest median home price at $147,273.

Property Tax Assessment Values Across Union Springs, Cayuga County, New York

Source: Ownwell

$92,097

$236,531

$380,964

Median Union Springs Market Value

$147,273

Median Cayuga County Market Value

$136,353

Median New York Market Value

$255,644

Median United States Market Value

$235,294

Property Tax Assessment Values Across Union Springs, Cayuga County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
13160	$78,081	$110,505	$147,273	$215,051	$381,818

Source: Ownwell

Property Tax Bills Across Union Springs, Cayuga County, New York

In Union Springs, located in Cayuga County, NY, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. This assessed value is then multiplied by the local tax rate to establish the tax bill. The median home price in Union Springs is $147,273, which contributes to the property tax amount. Homeowners can expect tax bills to vary significantly, with the 25th percentile at $2,610 and the 75th percentile reaching $4,748. The highest tax bills, at the 90th percentile, can soar to $8,041. These figures are substantially higher than the national median property tax bill of $2,400, reflecting the local tax rates and property values in the area.

For homeowners in Union Springs looking to reduce their property tax bills, Ownwell offers expert property tax appeal services. By analyzing local market data and assessing property values, Ownwell helps homeowners identify potential savings and navigate the appeal process efficiently, potentially lowering their annual tax burden.

Property Tax Bills Across Union Springs, Cayuga County, New York

Source: Ownwell

$2,191

$5,922

$9,652

Median Union Springs Tax Bill

$3,371

Median Cayuga County Tax Bill

$3,328

Median New York Tax Bill

$5,938

Median United States Tax Bill

$2,400

Property Tax Bills Across Union Springs, Cayuga County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
13160	$1,901	$2,610	$3,371	$4,748	$8,041

Source: Ownwell

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Dates

Links
Cayuga Assessment Review Commission
Website	ccgis.cayugacounty.us